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up about 20 to 25% in major cities. i think folks with low interest rates, once they start to see those stick up with some of the presidential policies in place, we could see a drive for home ownership. > > that's true, because we have seen rates dive below 3% as far as the yield on the 30-year, so that is a falsity right there. but i just want to point out that home prices jumped 5% in september. they were up in 81 cities. largest year-over-year increase since 2006. so the housing market is coming back. now i will say this as a negative for the consumer, though: the consumer is usually wrong. they usually sell when they should be buying and buy when they should be selling. that is just human nature. and this is actually a bullish sign for me, the fact that people haven't jumped back in the housing market. > > i agree there. > > bonus round time: ticker time. name the famous company that trades under the ticker symbol: hog. > > that is harley-davidson. [cheers > > good to have you on the show. thanks for being on. still ahead, it's estimated 250,000 investors are looking to give m
, and in washington state, $9.19. "anything under $10 an hour is obscene. it's not enough to live in any city in the u.s." there's now a push to raise the federal minimum wage. "the minimum wage needs to be raised. it hasn't been raised in some time. we should consider indexing it to inflation." in 2004, voters in florida approved indexing the minimum wage to the cost of living. colorado voters did the same thing two years later. they are among ten states where that connection is made and where wages go up january first. in florida, the 12-cent increase, to $7.79 an hour, will benefit 210,000 workers. it'll add $370 to their annual wages and $46.2 million to florida's gdp. still, not enough, according to some. "people who work 40 hours a week need a $10-an-hour minimum wage. this is from a retailer. retail wages stink." "we see people work three jobs just to make ends meet. that's not fair." in late november, president obama met with small business owners for their input about the fiscal cliff, and the minimum wage was mentioned. "i think the administration is interested in doing something, but it als
in the southern city of kochin represents the booming economy. and with growth projections here as high as 7% for the year, the expanding indian market for goal could push prices past $2500 an ounce. "buy it, keep it, buy 24-carat gold, put it in a locker, and when you need money, turn around and sell it and make good money on it." > > and come to umreth to do it. "yes, come to my shop!" reporting from india, paul eggers, first business news. the indian government tightly regulates the gold market by testing jewelery for quality. chokesee believes this is a positive, because it helps protect customers from low- quality pieces. an overwhelming number of parents in the u.s. believe their children are growing up without learning valuable life skills such as how to manage their money. as many as 7 out of 10 parents expect these lessons to be taught in public school. nathaniel and stacey didomenico's young daughter, arianna, is more ahead of the game than she realizes. "we've already started with our daughter. there are things she wants at the store and we explain that it costs money, we have to
time last year. new york and chicago were the only cities where prices took a drop from last year. however, markets that had been struggling to regain strength are now showing signs of life, including phoenix, where prices are up for the 13th straight month. that relative strength in home prices and continued low interest rates may bring more home buyers back into real estate in 2013. but even with sales of new and existing homes showing a spike, don't expect a big housing boom like the one we saw just a few years ago. maurizio fiori is hoping to buy a home in 2013. he's looking to move his growing family out of their chicago apartment and into their very own home. 'i've been scouring the internet, and talking to agents and mls and all the sites almost daily.' a former trader, fiori holds stakes in a diversified portfolio of successful small businesses, including a wine importing company and a craft brewer. in 2006, before the worst of the financial crisis hit, many banks would have been bending over backwards to lend him lots of money at exotic terms. today, even though he's will
Search Results 0 to 3 of about 4